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Form 8-K · Current Report · Filed 2024-05-31

Live Nation Entertainment Data Security Incident

On May 20, 2024, Live Nation Entertainment, Inc.

Filer
Live Nation Entertainment, Inc. LYV · NYSE
Filed
Accession
0001335258-24-000081
CIK
0001335258
Signal
High impactCommunication Services

Details

identified unauthorized activity within a third-party cloud database environment containing Company data, primarily from its Ticketmaster L.L.C. subsidiary. The company has launched an investigation and is working to mitigate risks to users and the company. A criminal threat actor offered alleged user data for sale on May 27, 2024. Live Nation is cooperating with law enforcement and has notified regulatory authorities and users regarding the unauthorized access to personal information. The company does not expect a material impact on its business operations or financial condition.

Items reported

Item 8.01

Other Events

Regulatory Investigation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$93.32

Next session

+1.1%

Since filing

+86.6%

Latest close

$174.13

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LYV reporting the same item, with the next session's move:

About Live Nation Entertainment, Inc.

Live Nation Entertainment, Inc. is a leading global entertainment company, primarily focused on live music events, ticketing, and artist management. As the owner and operator of many of the world's most iconic music venues, Live Nation organizes and promotes thousands of concerts and festivals annually, significantly impacting the live music scene. The company's operations span several countries, providing a platform for artists to connect with fans through unforgettable live experiences. Live Nation's ticketing platform, Ticketmaster, is one of the largest and most robust ticketing systems in the world, facilitating sales for various live events, including concerts, sports, theater, and family shows. Additionally, Live Nation manages talented artists through its artist management division, helping them navigate the complex music industry. This integration of live events, ticketing, and artist management positions Live Nation Entertainment, Inc. as a pivotal player in the global entertainment market, dedicated to enhancing the live experience for fans and artists alike.

Exchange NYSE Industry Entertainment Company website ↗

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